Federal Reserve Scam Call - Beware

There is a new scam in which fraudsters claiming to be from the Federal Reserve contact the public through unsolicited phone calls and emails. The fraudsters falsely state there has been suspicious activity in a bank account that is held by the target of the fraud at a commercial bank. They will try to instill fear, possibly by stating there is an arrest warrant for the account holder and claiming that the account holder needs to speak with a Federal Reserve officer immediately.

Federal Reserve Scam Call - Beware

We urge the public to remain alert to fraudulent scams involving individuals who purport to be employees of the Federal Reserve Bank. Federal Reserve Banks do not maintain any type of funds or accounts for individuals, nor do Federal Reserve Banks directly e-mail or call individuals holding accounts at commercial banks regarding suspected suspicious activity in those accounts.

Again, Federal Reserve Banks will never contact the public via unsolicited phone calls or e-mails asking for money or any type of personal information.

If you have any questions, please contact the Federal Reserve Bank Financial Intelligence and Investigations Unit staff via the Report.Fraud@ny.frb.org email address.

Check the comment section below for additional information, share what you know, or ask a question about this article by leaving a comment below. And, to quickly find answers to your questions, use our search Search engine.

Note: Some of the information in samples on this website may have been impersonated or spoofed.
Was this article helpful?  +
Share this with others:

Comments, Questions, Answers, or Reviews

There are no comments as yet, please leave one below or revisit.

To protect your privacy, please remove sensitive information from your comments, questions, or reviews. We will use your IP address to display your approximate location to other users when you make a post. That location is not enough to find you.

Your post will be set as anonymous because you are not signed in. An anonymous post cannot be edited or deleted, therefore, review it carefully before posting. Sign-in.

Write Your Comment, Question, Answer, or Review

Federal Reserve Scam Call - Beware